[grbaNT]

Attached are the updated charts of the US Stock Market Survey Indicator, Individual Stages, SP500 Survey, SP400 Survey and SP600 Survey.

If you want to read my commentary, please go to https://dg-swingtrading.blogspot.com/sea...e%20Survey

[marry123]

[isatrader]

Looking forward to your weekly video. Bulls seem to be pushing things along nicely so bears better step in or I think it will be over for the bear case of seeing a lower low if the S+P can break over 3050 roughly (weekly 30 MA very close now). If it breaks over the 30 MA weekly shortly it will have played out exactly as 2019 when the market broke down then recovered the 30 MA in a few months.

Thanks, but not sure there's enough changes from last week for a new video yet, as we remain in the short term uptrend. So might just do a blog post this weekend and highlight a few bits I've noticed in the markets and breadth charts.

[marry123]

Looking forward to your weekly video. Bulls seem to be pushing things along nicely so bears better step in or I think it will be over for the bear case of seeing a lower low if the S+P can break over 3050 roughly (weekly 30 MA very close now). If it breaks over the 30 MA weekly shortly it will have played out exactly as 2019 when the market broke down then recovered the 30 MA in a few months.

Thanks, but not sure there's enough changes from last week for a new video yet, as we remain in the short term uptrend. So might just do a blog post this weekend and highlight a few bits I've noticed in the markets and breadth charts.

Thanks for the blog post if you do it. Hopefully next week we will know more as to whether the bears can get the ball rolling to the downside.

[pcabc]

Breadth, Oil & Gas Producers, Gold & Silver

Oil & Gas still deeply negative.  Gold / gold miners breadth - waiting to see whether it breaks out or drops back, uptrend is strong.  % above 50 day EMA is overbought and % above 200 day EMA is on the edge.  Does not mean it will pull back though.  Silver / silver miners not so strong, but interesting volume spike (barely visible) right on the right hand edge of the chart.

           

[isatrader]

Breadth, Oil & Gas Producers, Gold & Silver

Oil & Gas still deeply negative.  Gold / gold miners breadth - waiting to see whether it breaks out or drops back, uptrend is strong.  % above 50 day EMA is overbought and % above 200 day EMA is on the edge.  Does not mean it will pull back though.  Silver / silver miners not so strong, but interesting volume spike (barely visible) right on the right hand edge of the chart.

The breakout of Silver / silver miners above their 200 day MA from below the key 30% lower zone and the near term highs in that is interesting as a few popped up in the watchlist this week and Gold is still consolidating near it's highs, which silver is strongly correlated too. So might be worth a look to see which stocks might be the new leaders in the silver miners

[pcabc]

US sectors

           
           
           
   

My own ad-hoc breadth scoring system for very short, short, medium and longer time frames.  Various paramters from the breath charts are used to determine the score with + points being due to bullish indications and - points for bearish.   The arrows by each number show which direction it is moving.  
   

[pcabc]

UK breadth

FTSE100 & FTSE250:
       

My ad-hoc overall breadth scores:
   

The strongest sectors appear to be Food & Drug retailers, House Builders and Electronic & Electrical Equipment.  However, at best they appear to be going sideways so perhaps they are the best of a weak bunch?